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Rich Asplund

Coffee Prices Plunge on Prospects of Lower US Tariffs

Ice United States Brazil Donald Trump Vietnam Conab FAs

December arabica coffee (KCZ25) on Wednesday closed down -19.05 (-4.51%), and January ICE robusta coffee (RMF26) closed down -252 (-5.46%).

Coffee prices sold off sharply on Wednesday, with robusta falling to a 2-week low. Comments from President Trump late Tuesday hammered coffee prices today when he said, "We're going to lower some tariffs on coffee." Losses in coffee prices accelerated on Wednesday when Treasury Secretary Bessent said that there would be "substantial announcements over the next couple of days" on crops not grown in the US, including coffee.

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